NYSE Composite Index:
- Volume Running -4.2% Below 100-Day Average
- Nasdaq/NYSE Volume Ratio 10.0 -.2
- 2 Sectors Declining, 9 Sectors Rising
- 51.0% of Issues Advancing, 45.6% Declining
- 62 New 52-Week Highs, 12 New Lows
- 56.9%(+.9%) of Issues Above 200-day Moving Average
- Average 14-Day RSI 53.0 +7.0
- Bloomberg Global Risk-On/Risk-Off Index 66.7 -.1%
- Russell 1000: Growth/Value 15,021.6 +.61%
- Vix 18.7 +1.1%
- Total Put/Call .94 +4.4%
- TRIN/Arms .79 +6.9%
Today's Headlines
Fox News: CNBC:
Zero Hedge:
MarketWatch.com:
NewsMax:
TheGatewayPundit.com:
Twitter:
Night Trading
- Asian indices are unch. to +1.0% on average.
- Asia Ex-Japan Investment Grade CDS Index 110.0 -2.5 basis points.
- China Sovereign CDS 64.75 -2.75 basis points.
- China Iron Ore Spot 122.0 USD/Metric Tonne -2.7%
- Bloomberg Emerging Markets Currency Index 47.7 +.07%.
- Bloomberg Global Risk-On/Risk Off Index 67.2 +.53%.
- Bloomberg US Financial Conditions Index .25 -4.0 basis points.
- Volatility Index(VIX) futures 20.7 +.02%.
- Euro Stoxx 50 futures +.26%.
- S&P 500 futures -.03%.
- NASDAQ 100 futures -.04%.
BOTTOM LINE: Asian indices are mostly higher, boosted by technology and consumer shares in the region. I expect US stocks to open mixed and to rally into the afternoon, finishing modestly higher. The Portfolio is 75% net long heading into the week.
Bloomberg:
- Had bullish commentary on (FPI), (TITN), (DE), (AGCO), (ASML), (UL), (BOOT) and (CB).
Fox News:
Bloomberg:
Fox News:
CNBC:
Zero Hedge:MarketWatch.com: NewsMax:
TheGatewayPundit.com: